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Blockchain Press Releases

KryptoGO Wins at ZK Hack, Heads to Japan for WebX with Two Co-Hosted Events

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TOKYO, Aug. 21, 2024 /PRNewswire/ — KryptoGO, a leading Web3 infrastructure platform, has once again proven its innovative strength at ZK Hack Montreal by addressing the critical challenge of data integrity in IoT devices using advanced Zero Knowledge (ZK) technology with project “drinKZ”. By integrating Apple’s App Attest with ZK proofs, KryptoGO’s solution allows individuals to maintain control over their data, ensuring it is authentic and has not been tampered with, which is especially crucial in scenarios where data integrity is paramount, such as legal or compliance contexts.

This success follows earlier achievements at ETHDenver and ETHTaipei, where KryptoGO introduced a seamless Web2-to-Web3 transition with email-based wallet authentication through “Email2Ether”, simplifying user access while maintaining high security. Additionally, their research into Account Abstraction (AA) has streamlined DeFi interactions, maximizing idle fund profitability without requiring complex user actions in their project “Kage”.

Read more: KryptoGO’s Award-Winning Innovations at ZK Hack Montreal, ETHDenver, and ETHTaipei

Building on this momentum, KryptoGO is set to make an impact at two major events in Tokyo, Japan. The team will first participate in ETH Tokyo, further expanding their influence in the Asian market and showcasing their latest blockchain innovations.

Following ETH Tokyo, KryptoGO will attend WEBX 2024 in Tokyo from August 28-29, one of Asia’s most influential Web3 technology conferences. During this event, KryptoGO will co-host two exciting side events: AI Nexus Night and Tokyo Crypto Confidential.

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AI Nexus Night: Exploring the Convergence of Web3, AI, and Security

Set against the iconic backdrop of Tokyo Tower, AI Nexus Night will bring together thought leaders in the Web3, AI, and security domains. Organized in collaboration with partners KEKKAI and Terp Layer, this event will feature meaningful discussions on the convergence of Web3 and AI, potential collaborations, and insights into the latest trends at the intersection of blockchain, AI, and cybersecurity. The event will begin at 18:00 with networking, followed by partner introductions and discussions on the critical role of security and user experience in these emerging technologies.

Kordan Ou, CEO of KryptoGO, shared his excitement: “Our ongoing global success highlights KryptoGO’s vital role in the Web3 ecosystem. We’re eager to bring our innovations to ETH Tokyo and WEBX 2024, particularly through hosting AI Nexus Night. This event is a fantastic opportunity for industry leaders to explore the transformative potential of combining Web3, AI, and advanced security measures.”

Tokyo Crypto Confidential: Deepening Blockchain Partnerships in the Japan Market

In addition to AI Nexus Night, KryptoGO is co-hosting “Tokyo Crypto Confidential” with NERO Chain, BSOS, Isle Finance, L2IV, and O-DE Capital. This invite-only event, limited to 50 participants, will be held at the renowned Tokyo Confidential bar in Azabu Juban. Focused on “Making it meaningful with Blockchain & Partnerships,” the evening will provide an intimate setting for high-level networking, knowledge sharing, and discussions on the future of blockchain collaborations. This event also represents KryptoGO’s strong desire to expand into the Japan market, inviting local partners to connect and explore potential collaborations. The event will start at 18:00 with a welcome session, followed by multiple talk sessions and networking opportunities that extend into the night.

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Kordan added, “These Tokyo events mark a significant step in KryptoGO’s global expansion strategy, particularly in the Japan market. By uniting diverse minds across blockchain and AI, we’re not just showcasing our innovations – we’re fostering the collaborations that will drive the future of Web3 and solidifying our presence in Japan.”

For more information about KryptoGO, or to register for AI Nexus Night and Tokyo Crypto Confidential, please visit https://www.kryptogo.com/events. Join us in Tokyo as we continue to push the boundaries of Web3 innovation and explore the exciting possibilities at the confluence of blockchain, AI, security, and the Japan market.

About KryptoGO

KryptoGO is a leading Web3 infrastructure platform backed by National Development Fund and certified with ISO 27001/27701, emphasizing compliance and security. We provide compliant DeFi wallet solutions for global financial institutions and businesses looking to offer cryptocurrency services, with a strong focus on safety, user experience, and regulatory adherence.

Media Contact: [email protected]

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Learn more: www.kryptogo.com | X | LinkedIn

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Blockchain Press Releases

Compass Mining Scales Texas Operations with 25 MW Bitcoin Mining Facility, Plans Further Expansion

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Energizes Over 50 MW in 2024 Across Six States, with 35 MW Coming Online by January 2025

WILMINGTON, Del., Dec. 20, 2024 /PRNewswire/ — Compass Mining (“Compass” or the “Company”), a leading provider of Bitcoin mining hardware, hosting, and operational solutions, proudly announces the addition of a new 25 megawatts (MW) Bitcoin mining facility in Texas to its growing network of North American operations. The facility is already fully built out and will be operational with an initial 5 MW of capacity by year’s end, scaling to 25 MW in early January 2025. Compass also plans to expand the facility’s capacity to 60 MW by Q3 2025.

The new Texas facility will house a mix of relocated machines from Compass’s existing sites, as well as newly deployed units, ensuring continuity for current customers while offering new clients a seamless and turnkey Bitcoin mining experience. By January 2025, new customers purchasing machines through Compass’s platform will have the option to deploy them at the “Texas 6″ site.

“Our new Texas facility represents another milestone in our mission to make bitcoin mining more accessible for everyone,” said Paul Gosker, CEO of Compass Mining. “We bring a wealth of experience from successfully operating at multiple locations across Texas, navigating the unique grid dynamics and leveraging local resources. For this site, we will provide our support and expertise, including assisting our site partner in hiring expert technicians who meet Compass’s high standards. This ensures high uptime and reliability, delivering the quality our customers expect.”

Compass’s strategy combines vertical integration through proprietary facilities, such as the new Iowa 4 site, with partnerships at third-party facilities renowned for high uptime and reliability. This dual approach allows the company to maintain operational flexibility while delivering reliable hosting solutions. The company has energized a total of approximately 50 MW of power capacity across mining facilities in Indiana, Iowa, Ohio, Kentucky, Nebraska, and Texas in 2024, with plans to add another 35 MW by January 2025.

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About Compass Mining

Compass Mining is a customer-first company that provides a platform for individuals and businesses to purchase Bitcoin mining hardware, host machines, build and manage mining facilities, and access a range of ancillary services. With a commitment to exceptional customer support and transparency, Compass Mining sets the benchmark for bitcoin mining hosting. Its mission is to make Bitcoin mining accessible to everyone. To learn more about Compass Mining or to start mining today, visit compassmining.io.

Media Contact

BlocksBridge Consulting
[email protected] 

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Blockchain Press Releases

Surprises Guaranteed: Bybit Card Dishes Out Rewards in Holiday Giveaway

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DUBAI, UAE, Dec. 20, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, will be extending the festive fun with lavish virtual gifts for Bybit Card holders. From Dec. 20, 2024 to Jan. 31, 2025, with every swipe of their Bybit Card, users may get a chance to unwrap mystery gift boxes, including 1,000 in USDT and other exciting airdrops from DOGE to BTC—all rewards, no catches.

For each 100 USDT spent in eligible purchases with the Bybit Card, users will receive a lucky draw ticket to redeem a gift box on Bybit. Each gift box promises a crypto reward—from Christmas baubles in DOGE, SOL, ETH, XRP and BTC airdrops, all the way up to the grand prize of 1,000 in USDT. Registration is required and the special Holiday Giveaway ends at the end of Jan. 2025.

For users looking for a convenient way to utilize their crypto assets for daily spendings and debit payments, it is not too late to apply for the Bybit Card. The application and verification process takes minutes, and a virtual card will be issued as soon as the card is approved, enabling seamless digital payment on Apple and Android devices in applicable regions.

“The Bybit Card takes the hassle out of crypto off-ramp for regular users and weaves rewards and benefits into daily spendings. On top of regular cashbacks, we are introducing extra perks as our token of thanks to wrap up an eventful year in crypto,”  said Joan Han, Sales and Marketing Director at Bybit.

The Bybit Card made expansive global footprints 2024 as crypto adoption continues to rise in the past year. Trusted and frictionless crypto payment solutions are in demand in various parts of the world, and Bybit is one of the natural habitats of crypto native consumers. Spanning from Buenos Aires to Amsterdam, the Bybit Card community is growing and so are the perks:

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  • Up to 10% cashback in USDT, BTC and ETH on eligible purchases
  • Zero fees for instant virtual card issuance
  • Zero annual or hidden fees
  • Up to 8% APY

Enjoy this festive season in all its splendor. Eligible Bybit Card holders from all regions are welcome; terms and conditions apply: Bybit Card Holiday Giveaway: Swipe, Spend & Sparkle!

#Bybit / #TheCryptoArk #theBybitCard

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For updates, please follow: Bybit’s Communities and Social Media

Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube

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Blockchain Press Releases

Bybit P2P Unlocks 20,000 USDT Prize Pools for Select Users in South Asia and Africa

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DUBAI, UAE, Dec. 20, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, will be concluding 2024 with lucky spins all around for eligible users on Bybit P2P. With a chance at two grand bonus pools of 10,000 USDT each, select users in parts of South Asia and Africa stand to make the most of their P2P trades at Bybit.

From now to Dec. 31, 2024, eligible users may create their own P2P trading bonus at Bybit and unlock 100% chance of winning:

Successful participants may complete one or more referral, deposit, or trading tasks to earn up to 10 Lucky Draw Tickets. Tasks start at beginner level including a first-time deposit of 10 USDT. With a Ticket, users get to spin the wheel of fortune for a guaranteed airdrop from the 10,000 USDT Prize Pool.

As communities in the Global South start to build and diversify their wealth, millions are in dire need of modernized and inclusive financial infrastructures. The digital asset class offers an alternative for grassroot investors in emerging markets, demonstrating transformative power to shape the future of growth.

Bybit’s peer-to-peer trading platform provides user-friendly and trusted tools for P2P merchants and buyers. Users can compare and execute trades at an optimal price agreed upon by both parties, carried out on Bybit’s ultra smooth trading platform at zero fees. Supporting over 60 fiat currencies and over 300 payment methods, Bybit P2P contributes to democratizing access to the digital economy.

Users who have completed Bybit Identity Verification Level 1 may log in to confirm their eligibility. Terms and conditions apply.

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#Bybit / #TheCryptoArk

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For updates, please follow: Bybit’s Communities and Social Media

Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube

Advertisement
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